The Hindu Business Line : Friday, May 27, 2005

Global sporting events held in India to get tax waiver
ENHANCING India's chances of hosting the Champions Trophy, the Union Cabinet on Thursday decided to amend the Income-Tax Act to exempt income of residents and non-residents arising out of any international sporting event conducted in the country. ... More

More auto rickshaws to run in Chennai
THE Tamil Nadu Government has decided to permit more auto rickshaws, the three-wheel public transport vehicles, and announced concessions for auto rickshaw owners. According to an official press release, the Tamil Nadu Government will permit an ... More

SOCIAL WELFARE

AP to distribute 1 lakh acres of land on July 30
THE State Government will distribute 1.10 lakh acres to the beneficiaries from the weaker sections on July 30 in the second phase of the land distribution scheme. The Government has allocated Rs 300 crore under the Rural Infrastructure ... More

E-COMMERCE & E-BUSINESS

Coal merchants against CIL's e-auctioning system
THE Indian Coal Merchants' Association (ICMA) has questioned state-owned Coal India Ltd's (CIL's) decision to start selling coal to non-core sector industries through e-auctions, particularly when consumers in this sector do not have an ... More

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